In this hot market where bidding wars for homes are becoming a way of life, it’s possible to make a good offer on a home, only to be beat out by someone with more cash in hand. However, if you’re worried about this, worry no more. With the Fairway Advantage Pre-Approval, a Fairway underwriter conditionally approves you for a mortgage before you even begin house hunting. Sound too good to be true? It actually isn’t. Let’s learn more about this wonderful option so you can shake off the nerves while home shopping. Ultimately, it’s about making you – the buyer – feel confident your offer is as strong as it can possibly be.
How the Fairway Advantage Pre-Approval is a two-way street
As the homebuyer, your loan is never 100% guaranteed until it clears the hurdle of mortgage underwriting, which comes after you’ve made an offer. That’s just how the process works. But the Fairway Advantage Pre-approval (much like Fairway’s Certified Pre-Approval) is as close to a guarantee as you can get. And, of course, anyone buying OR selling their home loves a guarantee! So, along with making you feel better, it makes the seller and seller’s agent more at ease, too. Talk about the best of both worlds. How can any homebuyer go wrong with something like this?
How you can get the Fairway Advantage Pre-Approval
Start by simply clicking on the green link below. Once you’ve submitted the application, you’ll connect with your Fairway of the Carolinas mortgage adviser. From there, you’ll just need to submit the same kind of basic financial info you would with a regular pre-approval. This will include – among other things – bank statements, pay stubs, employment history, credit history and a summary of your monthly payments. We’ll also check your credit score. Once pre-approved, you’ll receive a letter from us with the exact amount for which you can expect loan approval.
The Bottom Line
Armed with a Fairway Advantage Pre-Approval, your chances of making it to the closing table are infinitely higher. How high? Well, we’re willing to hedge our bets you’re going to close – even faster than you expected or otherwise would. Please contact us today with any questions about the Fairway Advantage Pre-Approval or the homebuying process in general. We can’t wait to assist you. In the meantime, check out this short video ad! It might seem a little corny, but the message is clear: the Fairway Advantage Pre-Approval will help you secure the home of your dreams.
Apply for a Fairway Advantage Pre-Approval